InferIndex · https://inferindex.dev/en/compare/stepfun/step-5-preview/vs/z-ai/glm-5.1
Step 5 Preview costs from $1.43 per million tokens and GLM 5.1 from $1.40 (at a 3:1 input:output mix): the cheapest price for each; prices checked on .
Verdict
At these prices, the two models cost about the same per million tokens (at a 3:1 input:output mix).
Each model's lowest blended price, per 1M tokens, across every provider we track.
| Model | Lowest blended price, $ per 1M tokens. Green background: the most favourable value of each column. | Input price of the cheapest offer, per 1M tokens | Output price of the cheapest offer, per 1M tokens | The provider's published policy says the text you send is not used to train models. We only show what is published; we can't check it ourselves. | For 2,000 input tokens and 500 output tokens per request, 1,000 requests a day, at the cheapest offer for that workload. Change the workload above. | Offers | Providers | The maximum amount of text, counted in tokens, the model can take in and write in a single request. Past this limit, the request is refused or cut. | Observation |
|---|---|---|---|---|---|---|---|---|---|
| Most expensive offer · $2.15. The highest blended price among comparable offers: one price per provider (its cheapest route), standard tier, current prices only. Priority tiers and prices converted from points are not counted. Green background: the most favourable value of each column., most favourable value of the column | $0.90, most favourable value of the column | $2.90 | $1.40, most favourable value of the column | $97.50, most favourable value of the columnat Chutes | 52 | 36, most favourable value of the column | 203k | Cheapest. Lowest blended price, $ per 1M tokens | |
| Most expensive offer · $1.54. The highest blended price among comparable offers: one price per provider (its cheapest route), standard tier, current prices only. Priority tiers and prices converted from points are not counted. | $1.00 | $2.70, most favourable value of the column | at EmpirioLabs AI | $100.50at Featherless | 16 | 13 | 262k |
Green background: the most favourable value of each column.
Prices as of Oct 31, 2026, 6:40 AM UTCSame rules as the API's /cheapest route. The monthly estimate uses the cheapest offer for that workload.
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